CREF Highlights

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

MBA Raises Concerns Over CECL Accounting Standard

The Mortgage Bankers Association, in a May 21 letter to the House Financial Services Committee, said new Current Expected Credit Loss accounting requirements to measure credit losses could adversely residential and commercial/multifamily lenders, particularly community lenders.

Woodwell: Is CRE ‘Winter’ Coming?

LOS ANGELES–Commercial real estate is enjoying good times, but to paraphrase Game of Thrones, is Winter coming? MBA Vice President of Commercial Real Estate Research Jamie Woodwell shared his outlook for the sector here at the MBA Commercial/Multifamily Servicing & Technology Conference.

Digitally Transforming Servicing Operations

LOS ANGELES–Integrating business operations, customer and employee experience and technology can digitally transform the commercial/multifamily mortgage servicing business, PwC Partner Steve Robertson said here at the MBA Commercial/Multifamily Servicing & Technology Conference.

Woodwell: Is CRE ‘Winter’ Coming?

LOS ANGELES–Commercial real estate is enjoying good times, but to paraphrase Game of Thrones, is Winter coming? MBA Vice President of Commercial Real Estate Research Jamie Woodwell shared his outlook for the sector here at the MBA Commercial/Multifamily Servicing & Technology Conference.

Digitally Transforming Servicing Operations

LOS ANGELES–Integrating business operations, customer and employee experience and technology can digitally transform the commercial/multifamily mortgage servicing business, PwC Partner Steve Robertson said here at the MBA Commercial/Multifamily Servicing & Technology Conference.

Opportunity Zone Activity Likely to Surge

The Treasury Department released its long-awaited Opportunity Zone program guidance last month, which JLL, Chicago, said will make it easier for fund managers to raise capital and for developers to begin construction.

Strong Demand, Tight Supply Change Industrial Outlook

As the industrial sector sizzles, developers have started re-purposing obsolete assets such as vacant big-box stores and old office buildings, said Avison Young Chair and CEO Mark Rose.

Commercial/Multifamily Briefs

Business process transformation firm SLK Global Solutions will offer customized tax services for commercial mortgage servicers through its Real Estate Tax Service Platform.

Report Says Hotel Profit Growth Harder to Come By

Though U.S. hotel profits increased again last year, it is growing increasingly difficult for managers to remain profitable as expenses increase, said CBRE Hotels, Atlanta.